Agenz has raised a $5M seed round led by Breega, Attijariwafa Ventures, and Saviu Ventures to build real estate data and transaction tools in Morocco.
Agenz, a Moroccan proptech startup, has closed a $5 million seed round to scale its real estate platform and build better market data and transaction tooling. Proptech means technology built for the property industry, like listings, valuation, and buying workflows.
The round was co-led by Breega, Attijariwafa Ventures, and Saviu Ventures. Agenz said the round was oversubscribed, which means investor demand exceeded the amount the company planned to raise.
Founded in 2021 by brothers Malik and Badr Belkeziz, Agenz combines property valuation tools, market data analysis, software for real estate professionals, and a transaction system for buyers. The company launched its transactional platform in 2023.
By May 2026, Agenz.ma recorded more than 730,000 monthly visits, according to the company. Agenz did not disclose revenue or gross transaction value, which is the total value of property deals processed through the platform.
Morocco’s property market has long struggled with inconsistent valuations, high transaction friction, and fragmented market data. In practice, buyers often rely on broker estimates or word of mouth instead of comparable sales and verifiable pricing data.
Agenz says it is investing in AI and data capabilities. AI, or artificial intelligence, is software that can spot patterns in large datasets, similar to how a skilled analyst reviews past transactions to estimate a fair price.
The investor group could also shape distribution. Attijariwafa Ventures is backed by a large regional banking group, which may support future mortgage and retail finance partnerships tied to home buying.
The timing matters because regulation is tightening around property transactions. New controls and documentation requirements can push more activity toward platforms that offer structured data and clearer compliance workflows.
Agenz said the funding will support hiring, technology investment, and new product development in Morocco. The company has also signaled international expansion, but has not shared target markets or timelines.
Primary Source: Techinafrica
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